Tags » Asset Protection

Revoking a Power of Attorney

 

If for any reason, you become unhappy with the person you have appointed to make decisions for you under a durable power of attorney, you may revoke the power of attorney at any time.

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Elder Law New York

On the Asset Protection “High Seas”: Transferring Encumbered Real Estate into Your LLC

I regularly receive e-mails from distressed real estate investors who are on “troubled seas” when transferring encumbered real estate into an LLC. Often, by the time I hear from them, they’ve already consulted their lawyer, their CPA, and/or their banker…only to get nowhere fast and feel swamped. 575 more words

Asset Protection

No will or estate plan? Big problem for you and your heirs

Estate planning isn’t just for the wealthy. Financial advisors say that most Americans can benefit from it. Read on and see how you can benefit even if you are not worth millions. 993 more words

Estate Planning

Do you Have a Guardian for Incapacity? Factors to Consider when naming a guardian or guardians for incapacity

As we mentioned before, having guardians named for the event of incapacity is a very important task if you want to avoid a court process (a guardianship) and an stranger making decisions over yourself and your assets.   478 more words

Yahima Suarez

NY Court Rules that Community Spouse’s Refusal to Contribute to Care Creates Implied Contract to Repay Benefits

A New York trial court enters judgment against a woman who refused to contribute to her spouse’s nursing home expenses, finding that because she had adequate resources to do so, an implied contract was created between her and the state entitling the state to repayment of Medicaid benefits it paid on the spouse’s behalf.  211 more words
Elder Law New York

I am Building a Vizionary Business

By Ariston P Awitan, M.D.

I AM BUILDING MY VIZIONARY BUSINESS  It’s product is Mining Time. Vizionary mines Capricoin, a second generation cryptocurrency. Founded in 2014. 92 more words

A Family Asset Protection Checklist (in pdf format)

The threat of uninsured risks includes, for example, old-age incapacity, predatory elderly remarriages, nursing home care, asset protection, divorce by our children, personal guarantees, bankruptcy. 36 more words

Estate Planning